Court imposes travel ban on Gemcon Group director Kazi Inam Ahmed, 3 others
Kazi Inam allegedly acquired assets worth Tk32.66 crore through illegal means, inconsistent with his known sources of income.
A Dhaka court today (18 January) imposed a travel ban on four individuals, including Gemcon Group director Kazi Inam Ahmed, in connection with ongoing corruption and money laundering investigations.
The order was passed by Dhaka Metropolitan Senior Special Judge Md Sabbir Faiz following separate petitions filed by the Anti-Corruption Commission (ACC).
ACC Public Relations Officer Aktarul Islam confirmed the matter.
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According to the petition, Kazi Inam allegedly acquired assets worth Tk32.66 crore through illegal means, inconsistent with his known sources of income.
The ACC further alleged that he laundered Tk74.78 crore through suspicious and abnormal transactions conducted via 14 bank accounts held in his name, in violation of the Anti-Corruption Commission Act and the Money Laundering Prevention Act.
The case against him is currently under investigation.
In a separate plea, the ACC said an inquiry team is investigating allegations against Hasan Mahmud Raja, former Neptune Housing managing director Abul Kalam Azad, and United Group chairman Moin Uddin Hasan Rashid over illegal occupation of government-allotted property using forged documents, illicit wealth accumulation, money laundering abroad, and gas supply irregularities at IPP rates involving United Power Generation and Distribution Company Limited.
The ACC said in its pleas, reliable sources indicated that the accused were attempting to transfer illegally acquired assets and flee abroad, which could delay or obstruct the investigations.
Considering the need for proper and unhindered probes, the court imposed travel bans on all four individuals, the ACC added.
